July 2024

After Amitabh Bachchan, Bollywood actor Kriti Sanon has purchased a 2,000 sq ft plot in Alibaug, a second home destination near Mumbai. Sanon has purchased the land parcel in the Sol de Alibaug project by The House of Abhinandan Lodha (HoABL), the company said in a statement. Bollywood actor Kriti Sanon has purchased a 2,000 sqft plot in Alibaug, a second home destination near Mumbai. (HT...

The Yamuna Expressway Industrial Development Authority (Yeida) has raised ₹250 crore revenue by selling two group housing plots in the vicinity of Noida greenfield international airport in Jewar, announced officials associated with the development on Monday. The authority invited bids under the Yamuna Expressway Industrial Development Authority’s Group Housing Plots Scheme YEA-GH-07/2024...

Mumbai-based listed real estate developer Keystone Realtors, also known as Rustomjee Group, on July 15 announced a luxury project comprising 32 premium sea-facing apartments and said that it anticipates ₹600 crore of gross development value (GDV) from the project. Rustomjee Group, on July 15 announced a luxury project named Ocean Vista in Versova area of Mumbai. (Rustomjee Group) The...

Gurugram-based flexible workspace provider Incuspaze has leased 1.15 lakh square feet of office space in East Bengaluru’s Whitefield area, the company said in a statement on July 15. Coworking firm Incuspaze leases 1.15 lakh square feet office space in Bengaluru (Representational photo)(Incuspaze) Additionally, the player plans to expand its footprint in neighbouring Chennai and Hyderabad...

Nielsen Media and its subsidiary Whats On India Media Pvt Ltd have leased a 1.52 sq ft commercial space in Commerze III, International Business Park, Oberoi Gardens, a project by Oberoi Realty, in Mumbai for a starting monthly rent of ₹3.87 crore for 10 years. Nielsen Media and its subsidiary Whats On Media have taken up a 1.52 lakh sq ft office space in Mumbai (Representational...

Hyderabad registered a total of 7,014 residential properties amounting to ₹4,288 crore in the month of June 2024, according to a report released by property consultancy Knight Frank India on July 15. This marked a 26% annual increase in the number of units and a 48% jump in the overall value, the report added. Hyderabad registers 7,014 housing units worth ₹4,288 crore in June 2024...

Details of real estate project grading are likely to be made public by the Maharashtra Real Estate Regulatory Authority (MahaRERA) in a month. The MahaRERA intends employing artificial intelligence (AI) tools to grade these projects, Ajoy Mehta, chairman of MahaRERA told HT.com The MahaRERA intends employing artificial intelligence (AI) tools to grade real estate projects in Maharashtra, Ajoy...

While the average completion time for large real estate projects across the country was down by 20% to 4.9 years in H12024 from 6.1 years in 2019, it was the southern cities that were markedly ahead of their northern, western, and eastern counterparts. For all large projects launched and completed between 2014 and H1 2024, the average completion time was lowest in Chennai with 3.6 years, ,...

Bengaluru has held on to its status as the top choice for non-resident Indians looking to invest in India’s residential real estate market, especially those eyeing budget and mid-segment housing, data sourced from multiple consultancy firms by HT Digital showed. Bengaluru holds on to its status as the top choice for non-resident Indians eyeing budget and mid-segment homes (Representational...

Former Indian captain Virat Kohli has taken to his social media channels on Instagram and X to share the first glimpses of his recently completed holiday home in Alibaug, a coastal town south of Mumbai. Here’s a look at Alibaug, a second home real estate investment destination for several high and ultra high net worth individuals, including Bollywood stars, non-resident Indians, sportsmen and...